There is big risk in doubling down like I have, and I wouldn't normally do that (catch a falling knife), after my experiences with that in 2008. However, most of my bad experiences were due to the market as a whole declining & happened over weeks/months, not in one day. I probably haven't caught the bottom, but my stake is relatively small & I do believe it is oversold. There is obviously no confidence in the company at present, but any good news & I think there'll be a massive spike in the share price. The annual report looked fairly good and Euroz have a buy on the stock (pre today's news) of approx $2. Sillaro is the bigger field so a large part of their valuation can be attributed to that. I hope for all our sake that Sillaro is on schedule & produces to expectation. If not, then the stock will probably halve again. As a footnote, I should've gone with my gut instinct re the technical chart & not placed a bid when I did (early April). The chart looked sick at the time. I'm in for the ride now though, so we'll just have to see where it takes us.
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Last
4.4¢ |
Change
0.003(7.32%) |
Mkt cap ! $50.99M |
Open | High | Low | Value | Volume |
4.3¢ | 4.4¢ | 4.3¢ | $1.49K | 34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 160137 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 208048 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 160137 | 0.041 |
2 | 155571 | 0.040 |
1 | 262828 | 0.039 |
1 | 269932 | 0.037 |
2 | 152100 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 208048 | 2 |
0.044 | 192376 | 2 |
0.049 | 200000 | 1 |
0.050 | 30716 | 2 |
0.055 | 100000 | 1 |
Last trade - 11.53am 07/10/2024 (20 minute delay) ? |
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